Cryptocurrency Q&A
What network does CAKE use?
What network does CAKE use?
SsamziegangSerenadeMelodyHarmonySoul
Wed Jun 26 2024
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5 answers
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Could you elaborate on the underlying network that powers the CAKE token? I'm curious to know the specifics behind its technological infrastructure. Given the volatile and competitive nature of the cryptocurrency market, understanding the network's robustness and scalability is crucial. Does CAKE operate on a well-established blockchain like Ethereum, or does it leverage a proprietary network? Additionally, how does the network handle transactions and ensure security for its users? Any insights you can provide would be greatly appreciated.
5 answers
MysticRainbow
Fri Jun 28 2024
PancakeSwap, a cutting-edge Decentralized Exchange (DEX), operates seamlessly on the Binance Smart Chain.
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KimonoGlory
Fri Jun 28 2024
This platform allows users to engage in the exchange and trading of tokens that are powered by the BEP20 network.
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Silvia
Fri Jun 28 2024
Tokens such as Binance's native cryptocurrency, BNB, can be directly swapped with minimal effort on PancakeSwap.
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CryptoGuru
Thu Jun 27 2024
The decentralized nature of PancakeSwap ensures security and transparency for all transactions.
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ShintoBlessed
Thu Jun 27 2024
Notably, PancakeSwap utilizes BNB as the primary transaction fee, further integrating it into the Binance ecosystem.
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